K Wave Media Ltd. has been notified by Nasdaq for failing to meet the minimum closing price requirement of $1.00 per share, as per Nasdaq Listing Rule 5550(a)(2). The South Korean company, listed under the ticker KWM, did not maintain this price from November 20, 2025, to January 6, 2026. K Wave Media now has until July 6, 2026, to regain compliance by achieving a closing price of at least $1.00 for 10 consecutive business days, according to Nasdaq Listing Rule 5810(c)(3)(A).